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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Diamond Jim who wrote (72119)	10/15/1998 12:43:00 AM
From: larry	Read Replies (1) \| Respond to of 176387

Guess what, PFE & MRK are the only two companies that went higher after they missed quarters this year. And if DELL were to miss the quarter by 10%, it would endure a 40-50% haircut in a hurry. I guess that the street just loves these drug issues and regard them as safe havens. Reality will eventually settle in and PFE will underperform the market in the future since it's already carrying a lofty valuation. A PEG of 2 for a company that misses earnings? Well, I guess that both Nasdaq and DOW need to take some nice dose of viagara. If people treat DOW as PFE, the index would have been at 10 k instead of 8 k.:) larry!